Description

Discover serene coastal living with this 94m2 ground-floor apartment in the sought-after Resort Terrazas Costa del Sol, Manilva. This exceptional property features two spacious bedrooms, two modern bathrooms, and a large living room that seamlessly connects to a contemporary kitchen. Step out onto your private terrace and enjoy direct access to a quaint garden, coupled with stunning sea views, making it a perfect retreat.

Offered with an opportunity for investment, the apartment is presently managed by Pierre & Vacances, offering a guaranteed 5% annual return, with a current income of approximately 8247€ per year. The existing lease agreement runs until October 2030, with flexibility for renewal in 5 or 10-year terms. Enjoy personal use of the property for up to 60 days annually outside of the high season when the complex is closed from October to May.

The resort boasts extensive communal areas, panoramic views of the sea, and glimpses of the Strait of Gibraltar and the African Mountains. This peaceful residential complex is nestled among the mountains, just a 5-minute drive to the beach, offering ideal getaway potential with good transport links. Enjoy hassle-free ownership with no community fees, as Pierre & Vacances covers all utility costs, including electricity, water, and internet. Only the annual IBI is payable, ensuring maximum enjoyment with minimal concerns in this tranquil, picturesque setting.